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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Strategic Report||2to3|
|Trustees'
Report||4to7|
|Statement ofTrustees'|Responsibilities||
|Independent
Examiner's|Report||
|Statement ofFinancial|Activities||
|Balance Sheet||10|
|Statement ofCash Flows|||
|Notes to the Financial Statements||12to 24|
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|2020|2019|
|||Note||||
|Income and Endowments|from:|||||
|Donations
and legacies|||79,442|79,442|15|
|Charitable
activities|||97,344|97,344|932,221|
|Other trading activities|||3,331|3,331|5,134|
|Investment
income|||226|226|412|
|Other income|||||2,601|
|Total Income|||180,343|180,343|940,383|
|Expenditure
on:||||||
|Raising funds|||(5,920)|(5,920)|(6,180)|
|Charitable
activities|||(284,378)|(284,378)|(889,089)|
|Total Expenditure|||(290,298)|(290,298)|(895,269)|
|Net (expenditure)/income
Net movement
in funds|||(109,955)
(109,955)|(109,955)
(109,955)|45,114
45,114|
|ReconciTiation offunds||||||
|Total funds brought forward
Total funds carried forward||21|127,381
17,426|127,381
17,426|82,267
127,381|
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|BALANCE|SHEET|ASAT 31DECEMBER2020||||
|---|---|---|---|---|---|
|||||2020|2019|
||||Note|||
|Fixed assets||||||
|Tangible assets|||15|6,439|6,238|
|Current assets||||||
|Stocks|||16|500|500|
|Debtors|||17|657|760|
|Cash at bank|and in hand||18|115,119|287,503|
|||||116,276|288,763|
|Creditors: Amounts||falling due within one year|19|(105,289)|(167,620)|
|Net current|assets|||10,987|121,143|
|Net assets||||17,426|127,381|
|Funds ofthe|charity:|||||
|Unrestricted|income|funds||||
|Unresn icted
Total funds|funds|||17,426
17,426|127,381
127,381|
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||||STATEMENT OF CASH FL|OWS FOR THE YEAREN|DED 31DEC|EMBER2020||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
||||||Note|||
||||Cash flows from operating
activities|||||
||||Net cash (expenditure)/income|||(109,955)|45,114|
||||Adjustments
to cash flows from non-cash items|||||
||||Depreciation||7|1,704|1,603|
||||Investment
income||6|(226)|(412)|
|||||||(108,477)|46,305|
||||Working capital adjustments|||||
||||Decrease in debtors||17|103|5,958|
||||Increase/(decrease)
in creditors||19|1,825|(2,835)|
||||(Decrease)/increase
in deferred|income||(114,156)|31,667|
||||Net cash flows from operating|activities||(220,705)|81,095|
||||Cash flows from investing
activities|||||
||+|Vl|Interest receivable
and similar|income|6|226|412|
|2
LU
)|Q/ Z
pi
tII »
0||Purchase oftangible fixed assets
Net cash flows from investing
activities||15|(1,905)
(1,679)|412|
||||Cash flows from financing
activities|||||
|Qt/)~|||Value ofnew loans obtained during the period|||50,000||
||||Net (decrease)/increase
in cash|and cash equivalents||(172,384)|81,507|
|||U||||||
||||Cash and cash equivalents
at I|January||287,503|205,996|
||||Cash and cash equivalents
at 31December|||115,119|287,503|
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|
3 INCOME|
FR|
OM DONATIONS
AND LEGACIE|
S||
|---|---|---|---|---|
||||Total|Total|
||||2020|2019|
|Donations
and|legacies;||||
|Donations
from||individuals|200|15|
|Legacies|||100||
|Grants, including||capital grants;|||
|Government|grants||77,458||
||||300|15|
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|||4 INCOME FRO|M CHARITABLE ACTIVITIES||||
|---|---|---|---|---|---|---|
|||||Unrestricted|||
|||||funds|||
||||||Total|Total|
|||||General|2020|2019|
|+|Vl|Group contributions||97,344|97,344|932,221|
|||5 INCOME FROM OTHER TRADING ACTIVITIES|||||
|||||Unrestricted|||
|||||funds|||
||||||Total|Total|
|||||General|2020|2019|
|||Trading income;|||||
|||Shop income from sale ofdonated goods and services||3,331|3,331|5,134|
|||||3,331|3,331|5,134|
|||6 INVESTMENT|INCOME||||
|||||Unrestricted|||
|||||funds|||
||||||Total|Total|
|||||General|2020|2019|
|||Interest receivable|and similar income;||||
|||Interest receivable on bank deposits||226|226|412|
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|C|OSTSOF|TRADING ACTIVITI|ES|||
|---|---|---|---|---|---|
||||Unrestricted|||
||||funds|||
|||||Total|Total|
||||General|2020|2019|
|Costs|ofgoods|sold|5,920|5,920|6,180|
||||5,920|5,920|6,180|
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|tu|g|||Unrestricted|Unrestricted||||
|---|---|---|---|---|---|---|---|---|
|||||funds|||||
|||||||Total||Total|
|||||General||2020||2019|
||+|Vl|||||||
||Q/|Z|Group expenditure|251,839||251,839||861,821|
|LU
)|tD»
0||252,253 (2019 - 861,8211of the above expenditure|was atnibutable|to|unrestricted|funds|and Nil|
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||||Charitable
activities|expenditure|||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|||
|||||||funds|||
||||||||Total|Total|
|||||||General|2020|2019|
||||Staff costs|||148,231|148,231|243,066|
||||Host family payments|||32,546|32,546|310,173|
||||Ferry costs|||||6,412|
||||Excursions|||24,064|24,064|182,382|
|tungi|||Drivers accommodation
Room hire, teachers'
and co-ordinators'||expenses|808|808|5,193
18,394|
||||Coach parking
and repairs|||||1,016|
||||Free teacher places|||||4,500|
||+|Vl|Light, heat and power|||4,816|4,816|6,946|
||ct'|z|Insurance|||2,448|2,448|2,285|
|LU
)|(D»
0||Repairs and maintenance
Telephone
and fax|||3,203
4,304|3,203
4,304|5,399
6,595|
|QM~|||Office accommodation
Printing,
postage and|expenses
stationery||11,626
2,810|11,626
2,810|12,088
7,160|
|Ri|||SOUL camp contribution
Sundry expenses|||4,081|4,081|6,095
10,127|
||||Travel and subsistence|||1,436|1,436|6,771|
||||Advertising|||2,373|2,373|11,942|
||||Legal and professional|fees||1,959|1,959|2,830|
||||Bank charges and interest|||2,639|2,639|3,246|
||||Foreign currency
(gains)/losses|||(821)|(821)|944|
||||Depreciation|||1,704|1,704|1,603|
||||Erasmus project|||||5,144|
||||Hands up project|||3,200|3,200|1,009|
||||Hire ofplant
6'c machinery|||412|412|501|
|||||||251,839|251,839|861,821|
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|GOVERNANCE CO|STS||||||
|---|---|---|---|---|---|---|
|||||Unrestricted|||
|||||funds|||
||||||Total|Total|
|||||General|2020|2019|
|Staff costs|||||||
|Wages and salaries||||22,525|22,525|13,509|
|Social security costs||||736|736|1,666|
|Pension costs||||417|417|586|
|Independent
examiner|fees||||||
|Examination ofthe financial||statements||4,934|4,934|5,953|
|Other governance
costs||||3,927|3,927|5,554|
|||||32,539|32,539|27,268|
|10NET INCOMING/OUTGOING|||RESOURCES||||
|Net (outgoing)/incoming|resources||for the year include:||||
|Depreciation offixed assets|||||2020
1,704|2019
1,603|
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|2020|2019|
|---|---|
|141,317|113,235|
|4,748|9,489|
|2,085|6,694|
|23,759|129,409|
|171,909|258,827|
|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|+|Vl|||||||||||||||
|Q/|Z|||||||||||||||
|tD»
0||The monthly
charity during|average
the year|number
was as||of persons
follows:||(including|senior|management|team)|employed||by|the|
||||||||||||2020|||2019||
|rt|~||||||||||No|||No||
||i|Administration
Management|staff||||||||||3
1||3
1|
|||Teachers, co-ordinators||and|guides||||||||5||11|
||||||||||||||||15|
|||No employee|received|emoluments|||ofmore|than $60,000 during the year.||||||||
|||13INDEPENDENT EXAMINER'S REMUNERATION||||||||||||||
||||||||||||2020|||2019||
|||Examination|ofthe financial||statements||||||4,934|||5|953|
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||15TANGIBLE FIXEDASSETS||||
|---|---|---|---|---|
|||Short|||
|||leasehold|Furniture||
|||property|and||
|||improvements|equipment|Total|
||Cost||||
||At 1January 2020|4,085|53,104|57,189|
||Additions||1,905|1,905|
||At 31December 2020|4,085|55,009|59,094|
||Depreciation||||
|Vl
Z|At 1January 2020
Charge for the year|3,441
204|47,510
1,500|50,951
1,704|
|»
0|At 31December 2020
Net book value|3,645|49,010|52,655|
||At 31December 2020|440|5,999|6,439|
||At 31December 2019|644|5,594|6,238|
|U|||||
||16STOCK||||
||||2020|2019|
||Stocks||500|500|
||17DEBTORS||||
||||2020|2019|
||Prepayments||657|760|
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|18CASH AND CASH EQUIVALENTS|||
|---|---|---|
||2020|2019|
|Cash on hand|2,976|3,075|
|Cash at bank|112,143|284,428|
||115,119|287,503|
|19CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||2020|2019|
|Bank loans|50,000||
|Trade creditors|3,877|761|
|Pension scheme creditor|202|492|
|Accruals|4,635|5,636|
|Deferred income|46,575|160,731|
||105,289|167,620|
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||||21FUNDS|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||||||31|
|||||Balance at 1|Incoming|Resources|December|
|||||January 2020|resources|expended|2020|
||||Unrestricted|funds||||
||||General|127,381|180,343|(290,298)|17,426|
||||||||Balance at|
||||||||31|
|||||Balance at 1|Incoming|Resources|December|
|||||January 2019|resources|expended|2019|
|tungi||||||||
||||Unrestricted|funds||||
||||General|82,267|940,383|(895,269)|127,381|
||+|Vl||||||
||Q/|Z||||||
|tti tII ~
)
0
OQ&
D+0
Qtr)~|||22ANALYSIS OFNET ASSETSBETWEEN FUNDS
Current year|||Unrestricted
funds||
|Ri||||||General|Total
funds|
||||Tangible fixed assets|||6,439|6,439|
||||Current assets|||116,276|116,276|
||||Current liabilities|||(105,289)|(105,289)|
||||Total net assets|||17,426|17,426|
||||Prior year|||||
|||||||Unrestricted||
|||||||funds||
||||||||Total|
|||||||General|funds|
||||Tangible fixed assets|||6,238|6,238|
||||Current assets|||288,763|288,763|
||||Current liabilities|||(167,620)|(167,620)|
||||Total net assets|||127,381|127,381|
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|23ANALYSIS OF NET FUNDS||||
|---|---|---|---|
||At 1||At 31|
||January|Financing|December|
||2020|cash flows|2020|
|Cash at bank and in hand|287,503|(172,384)|115,119|
|Net debt|287,503|(172,384)|115,119|
||At 1||At 31|
||January|Financing|December|
||2019|cash flows|2019|
|Cash at bank and in hand|205,996|81,507|287,503|
|Net debt|205,996|81,507|287,503|
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